Dec. Corn today battling the 50 day ma. 715.15
Remember 693 was the High of March Planting intentions. Could we test that??
metmike: Front month, July Corn settled below the 50 day moving average on TUESDAY for the first time since last October!
May 24: Most-active CBOT #corn futures settled below the 50-day moving average for the first time since Oct. 21, 2021. The settle of $7.71-3/4 per bushel is 6.4% off the April 29 high of $8.24-1/2. 100-day avg as of Tuesday is about $7.14.
https://www.marketforum.com/forum/topic/83844/#84890
Several counties in SouthCentral KS got 5-7 inches of rain. Severe drought areas farther west got much less than that but the eastern areas of drought are gone in the S.Plains and western areas were helped.
This is what clobbered wheat prices the last several days!!......which took with it!
https://www.iweathernet.com/total-rainfall-map-24-hours-to-72-hours
